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A small company is started up that makes yarn. The company sells a total of 3,000 shares at $60 each to raise money to start
A small company is started up that makes yarn. The company sells a total of 3,000 shares at $60 each to raise money to start the business At the end of the year, the company makes $21,000 in prots and pays out $3,000 in dividends. Complete parts (a) through (f) below. (a) What is the market capitalization of the company? The market capitalization is $ . (Simplify your answer, Do not include the $ symbol in your answer.) (b) What is the share price? The share price is $ . (Simplify your answer, Do not include the $ symbol in your answer.) (c) What is the earnings per share? The earnings per share is $ . (Simplify your answer, Do not include the $ symbol in your answer. Round to two decimal places as needed.) (d) What is the PE ratio? The PE ratio is . (Simplify your answer, Round to three decimal places as needed.) (e) What is the dividend in dollars per share? The dividend per share is $ (Simplify your answer, Do not include the $ symbol in your answer. Round to two decimal places as needed.) (i) What is the dividend as a percentage of the share price? The dividend per share is "In of the share price. (Simplify your answer, Round to one decimal place as needed.)
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